Cielo Waste Solutions (CVE:CMC) Reaches New 12-Month Low – Here’s What Happened

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 163843 shares traded. The stock had previously closed at C$0.14.

Cielo Waste Solutions Price Performance

The firm’s fifty day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.23. The company has a current ratio of 0.10, a quick ratio of 9.95 and a debt-to-equity ratio of 11.10. The company has a market capitalization of C$16.76 million, a price-to-earnings ratio of -2.33 and a beta of 2.82.

Cielo Waste Solutions (CVE:CMCGet Free Report) last issued its quarterly earnings data on Friday, September 20th. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts anticipate that Cielo Waste Solutions Corp. will post -0.01 EPS for the current year.

Cielo Waste Solutions Company Profile

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Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp.

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